Category Archives: Macro Economics

President Obama’s Record Achievements

Financial FAQs Why so many doubters of the President’s record? Candidate Romney would have us believe Obama has accomplished nothing, but in fact President Obama has one of the most history making legislative records since FDR. The Washington Monthly lists … Continue reading

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Romney-Ryan Austerity Leaves Out 47 Percent

Popular Economics Weekly It should be obvious by now that the Romney-Ryan program of fiscal austerity—cutting government spending, while cutting taxes in the hope businesses and their investors will invest more of their wealth—can’t work. Latest evidence is the just … Continue reading

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Consumers Back on Track?

Financial FAQs The one sector of the economy that can revive growth—consumers—look to finally believe the Great Recession is over. Consumer sentiment unexpectedly rose to its highest in five years in October as consumers became more optimistic about the economy … Continue reading

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Consumers In Holiday Mood

Popular Economics Weekly Consumers are going to celebrate the holidays in a much bigger way than in recent years. Not only have consumer confidence and expectations been rising since summer, but consumer borrowing is exploding, signaling that we will see … Continue reading

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Jobs Picture Much Better Than Forecast

Popular Economics Weekly The Bureau of Labor Statistics gave markets a shot of good news recently, when it revised the one year March-to-March 2012 jobs totals upward by 32,000 per month. This was huge and showed much better jobs growth … Continue reading

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Income Inequality Behind Most Poverty

Financial FAQs There were 46.2 million Americans in poverty in 2011, as median household income decreased to its lowest level since 2000, according to a Census Bureau report released this week that illustrated the toll from ongoing labor-market weakness. The … Continue reading

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Why Do We Need QE3?

Financial FAQs It’s not hard to see why we need “QE3”, the Fed’s bond buying program to keep long term interest rates low. It’s almost an act of desperation. The Fed is the only game in town to stimulate growth … Continue reading

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Henry Ford’s Arithmetic Would Cure Budget Deficit

The Financial FAQs Why don’t Republicans get it? As President Clinton said in his convention speech, there was one word to explain the difference between Republican and Democrats budget proposals—arithmetic. The numbers had to add up, and as a ‘good … Continue reading

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Increased Consumer Spending a Good Sign

Financial FAQs The most recent retail sales show consumers are able to spend more, even as they borrow more. Add to that credit card delinquencies are at an 18-year low, according to credit reporting company Transunion Corp., and we have … Continue reading

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Consumer Spending Continues to Improve

FINANCIAL FAQs The most recent retail sales show consumers continue to spend, as consumer borrowing is increasing. Add to that credit card delinquencies are at an 18-year low, according to credit reporting company Transunion Corp., and we have a picture … Continue reading

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